domain MobileMoneyTransfer.Mobi

[wibrodomains]

MobileMoneyTransfer.Mobi

The GSM Association, a trade group representing more than 700 mobile phone operators, said Thursday it has reached a deal with money-transfer services provider Western Union Co. to develop a cross-border mobile money transfer service.

Western Union and the GSMA are working to develop a commercial and technical framework that mobile phone operators can use to enable customers to send and receive low-denomination, high-frequency money transfers via mobile phones.

"Mobile money transfers are a key driver in the development of a potentially vast market for financial services delivered via the mobile phone," Rob Conway, the chief executive of GSMA, said in a statement.

The first commercially available services to allow these transfers are expected to be launched in the second quarter of 2008. The Western Union mobile service will allow mobile phone users to connect to Western Union's existing global money transfer system and use "mobile wallet" software on their phones to make person-to-person money transfers.

Thirty-five GSMA operators with more than 800 million customers in more than 100 countries are participating in the mobile money transfer program.

 

[tritrain]

Wow! That sounds like a great domain name. I'm not familiar with the need for people to do this, but if it booms, you've got a great domain!

I'd say low $xxx right now. Slightly to moderately developed and in demand it could be high $xxx to low $xxxx.

 

[bricio]

great name and great news!!!

 

[wibrodomains]

Go to google news Type in Mobile Money Transfer---- Good Reports

 

[smashfactory]

the name is very long for a mobi- moneytransfer.mobi would be better, or even the acronym- but my guess is, if this is being developed by western union, then people will type in westernunion to do this

 

[holyroller]

The name is very long for .mobi - it requires 59 keystrokes to enter it. I agree with smashfactory that the shorter name or the acronym is better.

The other issue with this is, why do you need the word mobile in a .mobi name - being that mobi stands for mobile.

 

[bottlepop]

The name is very long for .mobi - it requires 59 keystrokes to enter it. I agree with smashfactory that the shorter name or the acronym is better.

The other issue with this is, why do you need the word mobile in a .mobi name - being that mobi stands for mobile.

I tend to disagree with you a little bit... First of all look at all the communication domains. Just because it says .com doesnt mean its not valuable to include communication. Same with .net...

Also just because its a western union service doesnt mean the term mobile money transfer wont become popular. Look at phrases like cash advance or cash withdrawl. If some one wants to do a cash advance from their mobile phone they would say mobile cash advance. Same concept here but with money transfer. Hold on to it man. If western union makes these money transfers big you can bet your ass that people will be doing a search on their phones for mobile money transfers.

Imho I would say its worth next to nothing now maybe mid XX but give it a couple of years, and if developed could be pretty big. But then again it may not. This one depends on the future!

Kind of like beta tapes. If the came out today everyone would be getting beta domains. But then it would just fluke out and be worth nothing. SO who knows dude. If I found that .mobi I might have snagged it to. For potential not value at the moment.

 

[wibrodomains]

Thanks for your great input

 

[wibrodomains]

An $8 Billion Revenue Opportunity for the Mobile Money Transfer Market, According to ABI Research
LONDON--(BUSINESS WIRE)--Transferring funds safely and securely using mobile phones has the potential to revolutionize the way people around the world utilize their money, and it holds the promise of driving great social benefits in the developing world. But perhaps its most important attribute lies in the short term: mobile operators have a significant opportunity to draw further revenue from existing network investments.

According to a recent study by ABI Research, the mobile fund transfer market will see a near $8 billion revenue opportunity for mobile operators by 2012 — from just over $10 million in 2006.

Several carriers lead the way with national and international services, most notably in the Philippines, but the largely third-party offerings in the United States remain small and niche. This past summer, however, it began to change when Obopay snared separate partnerships with financial-services giant Citibank as well as US operator Verizon Wireless. In addition, Web companies PayPal, Amazon, and Google have focused attention on offering mobile payments.

“Early US and European mobile fund transfer services have focused on limited demographics —primarily students and their family benefactors — but there remains enormous potential for developing a user base through key partnerships, combining mobile operators and financial services companies,” says Jonathan Collins, ABI Research principal analyst.

The ability to transfer funds between accounts, customers, and retailers in a simple manner — using mobile handsets and the wireless network — represents a significant prospective market for mobile operators, financial services organizations, governments, retailers, and end users.

End users understandably are cautious about who they trust to handle their money, so established banks and mobile operators will help to provide much of the security that new users look for in mobile transfers. “This places mobile operators who are willing to deliver money transfer applications at the forefront of a lucrative range of applications,” adds Collins.

“Mobile fund transfers provide a primary driver to establish partnerships between operators and financial services companies that can prove the bedrock for other applications, which require additional investment, such as contactless payments from handsets using NFC.”

In the recent study, "Mobile Money Services" (http://www.abiresearch.com/products/market_research/Mobile_Money_ Services), (Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.) ABI Research examines the potential value to mobile network operators, banking institutions, and specialized startups when providing financial services over a cellular wireless infrastructure, along with key requirements for market deployment and sustainability. It forms part of the Mobile and Contactless Commerce Research Service (http://www.abiresearch.com/products/service/Contactless_Commerce_ Research_Service), (Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.) which includes Research Reports, Research Briefs, Market Data, Online Databases, ABI Insights, and Analyst Inquiry Support.

Founded in 1990 and headquartered in New York, ABI Research maintains global operations supporting annual research programs, intelligence services, and market reports in broadband and multimedia, RFID & contactless, M2M, wireless connectivity, mobile wireless, transportation, and emerging technologies. For information visit www.abiresearch.com, or call +1.516.624.2500.

 

[theinvestor]

Unfortunately, i have been in this business for a very long time and i know that MobileMoneyTransfer.Mobi is too long of a domain name. It may be worth something but that doesn't mean it's the best fit domain for that product.

It's okay if you disagree, but the length of a name can create a lot of value within a domain. Cutting down 1 word or 7 letters in a name can mean 200% increase in price.

Good luck.